Karnataka mining: SC permits firms to export excavated iron ores

The Supreme Court on Friday permitted mining firms to export their excavated iron ore from mines in districts of Ballari, Chitradurga, and Tumakuru in Karnataka.

Iron ore
Press Trust of India New Delhi
1 min read Last Updated : May 20 2022 | 2:23 PM IST

The Supreme Court on Friday permitted mining firms to export their excavated iron ore from mines in districts of Ballari, Chitradurga, and Tumakuru in Karnataka.

A bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli took note of the stand of the Central government and lifted the curb on export of iron ore and asked the firms to observe the conditions imposed by the authorities.

We grant appellants permission to sell already excavated iron ore stock etc. in three Karnataka districts and permission granted to allocate iron ore by entering into direct contracts without resorting to e-auction. Permission granted to applicant to export iron ore produced in Karnataka to countries abroad but in terms of Government of India policies, it said.

Iron ore exports from Karnataka were banned in 2012 by the apex court with an aim to preventing environmental degradation and to ensure that the mineral resources of the state are preserved for future generations as part of the concept of inter-generational equity.

The order was passed on pleas of mining firms seeking the lifting of curbs on sale and export of iron ore imposed earlier on account of rampant violations.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Supreme CourtKarnatakaIron Ore

First Published: May 20 2022 | 2:23 PM IST

Next Story